Rules and Regulations for the Rebuild Rhode Island Tax Credit Program

Regulation Authority:

RIGL 42-64.20-1

Purpose and Reason:

In the 2022 legislative session, Public Law 22-271, H-7985, was enacted to revise the enabling legislation for the subject Program. 

• First, a definition for a Construction Worker was added.  

• Second, a requirement that construction projects in excess of ten million dollars ($10,000,000), shall cause all construction workers to be paid in accordance with chapter 13 of title 37 and all contractors and subcontractors are required to file certified payroll on a monthly basis.

• Third, failing to tile the required payroll documentation shall constitute a material breach of the agreement with the state.

• Fourth, no credits can be awarded unless the corporation receives confirmation from the DLT indicating compliance.